731 1st Ave
Grand Rapids, MN 55744
4 bd 2 ba 1,978 sqft Built 1920 Lot 18,295 sqft single_family
Most recent sale
$120,000
Sep 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 6, 2022 | Sold | $120,000 | MLS #6244857 |
| Aug 17, 2022 | Price changed | $135,000 | MLS #6244857 |
| Aug 10, 2022 | Price changed | $144,900 | MLS #6244857 |
| Aug 5, 2022 | Listed | $159,900 | MLS #6244857 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2026 | $160,324 | $26,168 | $186,492 | $2,450 |
| 2025 | $136,357 | $25,392 | $161,749 | $1,940 |
| 2023 | $122,331 | $25,511 | $147,842 | $1,966 |
| 2022 | $99,307 | $24,555 | $123,862 | $2,016 |
| 2021 | $76,210 | $23,236 | $99,446 | $1,586 |
| 2020 | $76,210 | $23,236 | $99,446 | $1,662 |
| 2019 | $76,210 | $23,236 | $99,446 | $1,846 |
| 2018 | $87,705 | $23,949 | $111,654 | $1,420 |
| 2017 | $70,412 | $22,821 | $93,233 | $1,388 |
| 2016 | $70,294 | $22,394 | $92,688 | $1,320 |
| 2015 | $70,300 | $22,400 | $92,700 | $1,296 |
| 2014 | $70,300 | $22,400 | $92,700 | $1,278 |
| 2013 | $70,300 | $22,400 | $92,700 | $1,064 |
| 2012 | $70,300 | $22,400 | $92,700 | $1,052 |
| 2011 | $70,600 | $23,600 | $94,200 | $1,038 |
| 2010 | $90,600 | $22,500 | $113,100 | $998 |
| 2009 | $93,300 | $23,200 | $116,500 | $1,126 |
Property facts
Year built
1920
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,978 sqft
Lot size
18,295 sqft
ZIP code
55744
City
Grand Rapids
Street
1st Ave
Coordinates
47.24008, -93.53036
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 731 1st Ave last sell?
731 1st Ave most recently sold on Sep 6, 2022 for $120,000.
What is the current tax assessment for 731 1st Ave?
The most recent total assessment for 731 1st Ave (year 2026) is $186,492 with $2,450 in property tax.
How does 731 1st Ave's assessment compare to its last sale price?
The current assessment is 55.4% above the last sale price of $120,000.
When was 731 1st Ave built?
731 1st Ave was built in 1920.
How does 731 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 731 1st Ave?
731 1st Ave is a 4 bed, 2 bath, 1,978 sqft, 18,295 sqft lot single_family.
Is 731 1st Ave a flip candidate?
No — 731 1st Ave does not appear in our flips dataset.
Is 731 1st Ave a tax-appeal candidate?
Yes — 731 1st Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.7%
2026 Q3
$273.6K
2026 Q4
$272.4K
ZIP 55744 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st Ave